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Real Brokerage Inc. (REAX)
:REAX
Earnings Data
Report Date
May 13, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.04Last Year’s EPS
-0.09Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 06, 2025
|% Change Since: -13.74%
|Next Earnings Date:May 13, 2025
Earnings Call Sentiment|Positive
The earnings call revealed strong growth in revenue, agent count, and ancillary services, alongside innovations like Real Wallet. However, challenges remain with operating losses and expected seasonal revenue decline. Overall, the company's positive growth metrics outweigh the ongoing challenges.Company Guidance
During the Real Brokerage earnings call for the fourth quarter and full year 2024, the company reported impressive metrics showcasing significant growth. In 2024, Real closed over 120,000 transactions, marking an 81% increase from 2023, and achieved a total transaction value of $49 billion, up 90% year-over-year. Revenue surged to $1.3 billion, an 84% increase from the previous year, making it the first time Real surpassed the $1 billion revenue mark. Additionally, gross profit grew 82% to $115 million, while adjusted EBITDA reached a record $40 million, reflecting a 188% increase. The company ended the year with 24,140 agents, a 77% rise compared to 2023, and by early 2025, the agent count had further increased to approximately 26,200. The call highlighted the success of Real's strategy, including the integration of AI-powered tools like Leo Copilot and the expansion of their fintech platform, Real Wallet, which contributed to a reported annualized run rate revenue of over $500,000. The ancillary business lines, One Real Mortgage and One Real Title, also saw substantial growth, with combined annual growth of 105%.Record Revenue for 2024
Revenue for the year 2024 reached $1.3 billion, marking an 84% increase from $689 million in 2023. This is the first time the company surpassed the $1 billion revenue mark.
Agent Growth Acceleration
The company ended 2024 with 24,140 agents, a 77% increase from the prior year. As of the start of 2025, the agent count reached approximately 26,200.
Real Wallet Launch and Expansion
Real Wallet launched with 2,500 agents opening business checking accounts, with an annualized revenue run rate of over $500,000.
Significant Growth in Ancillary Services
One Real Mortgage and One Real Title saw combined growth of 105% in 2024, with mortgage services growing over 200% and title services growing 60%.
Positive Adjusted EBITDA
The company reported a record adjusted EBITDA of $40 million in 2024, up 188% from the prior year.
Successful Private Label Program
Since its launch, the private label program attracted approximately 40 independent brokerages, representing nearly 1,200 agents.
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REAX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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REAX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 06, 2025 | $4.95 | $4.73 | -4.44% |
| Nov 07, 2024 | $5.64 | $6.23 | +10.46% |
| Aug 07, 2024 | $5.46 | $5.45 | -0.18% |
| May 07, 2024 | $4.18 | $5.11 | +22.25% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Real Brokerage Inc. (REAX) report earnings?
Real Brokerage Inc. (REAX) is schdueled to report earning on May 13, 2025, TBA Not Confirmed.
What is Real Brokerage Inc. (REAX) earnings time?
Real Brokerage Inc. (REAX) earnings time is at May 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is REAX EPS forecast?
REAX EPS forecast for the fiscal quarter 2025 (Q1) is -0.04.
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